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There Is A Lot Of Hurt Coming

A weekend topic starting with Bisnow New York. “New York City’s commercial property values are expected to fall substantially this year. A summary of the past year said that the real estate markets ‘collapsed’ after the coronavirus gripped the city, with the decline in property transfer tax by 50% revealing how hard of a hit investment sales took. The city expects transfer tax revenue to decrease by 20% this year.”

The Real Deal on New York. “Seven Manhattan hotels are hitting the auction block. The portfolio, owned by a joint venture between Hersha Hospitality Trust and Chinese investment firm Cindat Capital Management, is scheduled to be auctioned on Jan. 21 as a result of the owner’s default on an $85 million mezzanine loan, according to a public notice. The seven hotels are located in Times Square, Chelsea, Herald Square and the Financial District.”

From AM New York. “Including listed and shadow inventory, Manhattan sponsors have 7,600 newly developed condos on their hands. Brooklyn has 3,690. At the current pace at which condos in each borough are selling, it will take Manhattan eight years to unload its current inventory. It will take Brooklyn four years and Queens just over three.”

From Boston Agent Magazine in Massachusetts. “The median rent for a one-bedroom apartment in Massachusetts was $1,730 at the end of 2020, and rents dropped in 17 of the 24 Boston metro cities over the last 12 months, according to Zumper. Cambridge saw the biggest decline in median rent over the year, dropping 20%. That’s followed by Everett, which declined 18.4%, and Waltham at 17.5%.”

From Bisnow on Massachusetts. “Boston’s office market struggled mightily in 2020, recording historic levels of negative absorption and sublease availability. The metro area recorded negative 4.2M SF absorption in 2020, a record for both a calendar year and a four-consecutive quarter period, according to Colliers. Boston also counts its largest sublease market ever at 3.3M SF, topping the 2.8M SF of sublease space following the early 2000s tech bust and the 1.5M SF following the Great Financial Crisis, Colliers reported.”

“Some landlords are increasing offers of rent-free periods from 12 months to 18 months, relying on cash reserves from the pre-pandemic boom, Hunneman Director of Research Tucker White said. Rents in a central business typically take two to three years before a downturn starts knocking them down, he said.”

The Real Deal on Florida. “Miami-Dade County’s Office of the Property Appraiser announced on Thursday that it will consider landlords’ financial losses when assessing 2021 fair market values. That’s good news for some of the harder hit properties in the area. Landlords in the Miami-Dade office market, for example, have offered incentives in exchange for keeping rents from dropping as workers go remote.”

“‘The effects of the COVID-19 pandemic in the commercial real estate market have been unprecedented,’ Miami-Dade Property Appraiser Pedro Garcia said in a statement. ‘Many property owners relying on rental income to cover operating expenses are struggling or unable to meet their financial obligations.'”

The South Florida Business Journal. “A group of four South Beach hotels that double as apartments could be seized in an $8.75 million foreclosure lawsuit. Attorney Matthew T. Blackshear, who represents the lender, declined comment. The special servicer on the loan is Greystone Servicing Co. All 31 units in the portfolio are advertised online as both apartments and hotel rooms. Data on the CMBS loan indicated they are mostly operated as limited-service hotel rooms.”

“Miami attorney Michael I. Bernstein, who represent the borrowers, noted Covid-19 has severely impacted the hotel business in South Florida. ‘We are disappointed that instead of electing to work with my client, the lender has elected to seek foreclosure,’ Bernstein said. ‘This is an economically difficult period of time for small business owners as government closures, shutdowns and Covid restrictions imposed over the last year have decimated the entire travel industry and reduced daily occupancy rates to all-time lows.'”

“Bernstein continued: ‘Unfortunately, these same state, local and federal governments which have demanded these shutdowns, closures, curfews and restrictions have abandoned these small businesses and failed to help balance the difficulties caused by Covid. My clients intend to utilize all remedies available to them in law and equity to prevent this injustice.'”

From Bisnow Washington DC. “The owner of the historic Washington Marriott Wardman Park Hotel has closed the hotel permanently, filed for bankruptcy and is looking to sell the asset. The hotel closed on March 25 after Mayor Muriel Bowser declared a public emergency due to the coronavirus pandemic. It then lost roughly $1.5M per month through the rest of the year, Wardman Hotel Owner LLC Manager James Decker wrote in a court filing. ‘Through this Chapter 11 case, the Debtor intends to conduct an orderly sale of substantially all of its assets, distribute the proceeds of such sale to creditors, and wind down its remaining business,’ Decker wrote.”

The Milwaukee Journal Sentinel in Wisconsin. “A stalled market-rate apartment community planned for Milwaukee’s far south side could be revived as an affordable housing development. The Common Council and Mayor Tom Barrett in 2017 approved plans for the apartments, proposed by developer Nabil Salous. Salous, who operates Salous Construction Management LLC, said then he planned to develop higher-end apartments with underground parking. But Salous said Monday he was unable to obtain financing because the market-rate apartments wouldn’t generate high enough rent.”

From Bisnow Chicago in Illinois. “A resurgence of the coronavirus this winter led officials in Illinois and multiple other states to reimpose last spring’s restrictions on much commercial activity and on gatherings of more than 10 people. Many businesses and commercial properties can’t freely operate until those restrictions are fully lifted, HVS Managing Director Stacey Nadolny said. The hospitality sector has been hit particularly hard, decimated by the cancellation of all convention and group business as well as a steep drop in leisure travel.”

“It now has several high hurdles to get over before a true recovery takes hold, Nadolny said. The conventions that help fill up many of Chicago’s roughly 48,000 hotel rooms each year won’t return until at least 2022. Other business travel, along with the tourist trade, will also stay slow if there are few places to shop and eat. Nadolny recently walked through downtown Chicago, and she said the change from a year ago was shocking. ‘Only one out of five restaurants and retail outlets appear to still be open,’ she said. ‘The government has to do something to help these spaces get occupied again.'”

“About 20 downtown hotels closed at some point during the pandemic, including the 1,281-room Sheraton Grand Chicago, the Park Hyatt Chicago and the 1,641-room Palmer House Hilton, which went into foreclosure this past summer when owner Thor Equities failed to make its loan payments to lender Wells Fargo. CRG Senior Vice President Geoffrey Kasselman said he expects many lenders will reach the end of their patience as the economy remains in the doldrums as cold weather continues to smother business while government officials get vaccination programs up and running.”

“‘The first three quarters of this year, economically at least, will be much worse than people expect it to be,’ Kasselman said. ‘I’d like to say something more positive, but there is a lot of hurt coming.'”

From The Oregonian. “The cost of renting an apartment in Portland plummeted in 2020 amid the coronavirus pandemic, with rental prices in downtown and Northwest Portland driving the sharp decline. The decline eclipsed the rent drop that occurred in Portland during the Great Recession in 2009, according to Costar. An increase in construction prior to the pandemic also meant that new units came on the market at a time when demand was decreasing. Costar estimates that 15% of downtown Portland apartments are currently vacant.”

“‘This is not at all a Portland-specific phenomenon,’ said Steve Basham, CoStar Group managing analyst. ‘We’re seeing that same trend playing out across the country. Usually renters are paying top dollar to live downtown and you’re justifying that expense because you are close to your job, you are close to the restaurants and the cultural scene downtown. In the era of COVID, a lot of the things that make that downtown living so appealing aren’t there anymore.'”

“‘I don’t think you’re going to see the quasi-ghost towns that you might see right now if you go to a downtown area,’ Basham said. ‘But I do think there’s a definite possibility that our peak levels of demand when everything gets back to normal are maybe not at the peak levels they were prior to the pandemic.'”

The New York Times on California. “The Bay Area struck a hard bargain with its tech workers. Rent was astronomical. Taxes were high. Your neighbors didn’t like you. If you lived in San Francisco, you might have commuted an hour south to your job at Apple or Google or Facebook. Or if your office was in the city, maybe it was in a neighborhood with too much street crime, open drug use and $5 coffees. That is, until the pandemic. They fled.”

“‘I miss San Francisco. I miss the life I had there,’ said John Gardner, chief executive of Kickoff, a remote personal training start-up, who packed his things into storage and left in a camper van to wander America. ‘But right now it’s just like: What else can God and the world and government come up with to make the place less livable?'”

From Mission Local in California. “Victor Gomez lives in a $2,000-a-month studio apartment with his partner, their two kids, and his partner’s brother. He used to work full time doing interior remodeling, until the Covid-19 outbreak made clients more reluctant to have workers in their homes. Gomez now owes his landlord more than $10,000 but, without reliable work, he has no idea how much his tab will grow, or how long it will take him to pay it back.”

“The landlord has told Gomez they can set up a payment plan once Gomez starts working regularly again, ‘But even then, I think about the debt a lot… And it just keeps getting worse,’ Gomez said. Thousands of residents are currently in a position similar to Gomez — working fewer hours than before, or out of work entirely, and sinking further into debt every month.”

“Every month from April to September, between $13.5 million and $33.2 million in residential rents went unpaid in San Francisco, according to an October report by the San Francisco Budget and Legislative Analyst’s Office. If those figures remained consistent through December. San Francisco entered 2021 with between $122 million to $294.3 million in residential rent debt alone.”

“If landlords are unable to recover debts from tenants, and banks are unwilling to work with the landlords they’ve loaned to, Scott Weaver, a volunteer for the San Francisco Tenants Union and a supervising attorney at the Eviction Defense Collaborative, said many residents in similar positions to Gomez might consider filing for bankruptcy to eliminate their debt. Weaver speculated that landlords who oversee fewer apartments might be put out of business. ‘There will be some landlords who won’t be able to stay in business,’ Weaver said.”

“The federal relief bill passed in December, 2020, included $25 billion in rental assistance, and documents from the Department of the Treasury show California could get up to $2.6 billion, but it is unclear how much will come to San Francisco. And if the money is disbursed through the Housing Stabilization Program, it is unclear how long it will take for the money to get into the hands of residents. ‘A shitstorm is the only word I can think of to describe it,’ Weaver said.”

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This Post Has 90 Comments

  1. ‘the Debtor intends to conduct an orderly sale of substantially all of its assets’

    AKA fire sale.

    ‘he was unable to obtain financing because the market-rate apartments wouldn’t generate high enough rent’

    This is a credit event.

    ‘‘The government has to do something to help these spaces get occupied again’

    The guberment is who is killing you Stacey. Wake up.

  2. The NYT article is a typical navel gazing exercise. One “business” guy says he didn’t know there were states without an income tax. Fudging idiots.

  3. A well defined problem is half solved. I was taught that as a chemical engineer.

    When will the necktie party get started

    1. ‘Several researchers at the Wuhan Institute of Virology fell ill with symptoms similar to those caused by the CCP virus in the Autumn of 2019, contradicting claims by a senior researcher from the institute who said there were no infections among the staff scientists. The revelation is part of a fact sheet released by the U.S. Department of State on Jan. 15 which slams the Chinese Communist Party (CCP) for obsessive secrecy around the origin of the CCP virus, commonly known as the novel coronavirus.’

      ‘The Chinese Center for Disease Control reported a cluster of pneumonia-like cases of unknown origin on Dec. 21, 2019. But months later, new evidence emerged suggesting that Chinese authorities were aware of the first CCP virus case on Nov. 17. The United States government wasn’t informed about the virus until Dec. 30 from Taiwan.’

      ‘The State Department claims that the Wuhan Institute of Virology was conducting research on viruses similar to the CCP virus as early as 2016. The regime has been secretive about the research and the State Department is demanding transparency.’

      “The United States and other donors who funded or collaborated on civilian research at the WIV have a right and obligation to determine whether any of our research funding was diverted to secret Chinese military projects at the WIV,” the department said. The Chinese communist regime took more than two months to alarm the world about the outbreak of the CCP virus. The regime knew about human-to-human transmission in late 2019 but did not inform the world until Jan. 20.’

      https://www.theepochtimes.com/scientists-at-wuhan-virology-lab-had-ccp-virus-like-sickness-in-autumn-2019-state-department-says_3658930.html

      ‘The United States and other donors who funded or collaborated on civilian research at the WIV’

      That’s right Fauci gave millions to develop this disease and sat by as it destroyed our economy. Get a rope.

      1. ‘Mike Lindell, the CEO of MyPillow and a staunch ally of President Donald Trump, was seen leaving the Oval Office Friday with mysterious notes. The notes were photographed by Washington Post photographer Jabin Botsford, but were folded in the middle and most sentences are incomplete. However, the title of the document reads “…TAKEN IMMEDIATELY TO SAVE THE … CONSTITUTION.”

        “Move Kash Patel to CIA Acting” is also visible on the notes.’

        ‘Patel is chief of staff to acting Secretary of Defense Christopher Miller. Gina Haspel currently heads the Central Intelligence Agency (CIA). The document appears to mention martial law. “… martial law if necessary upon the first hint of any …” read the notes.’

        https://www.theepochtimes.com/mike-lindell-visits-trump-in-oval-office-carrying-mysterious-notes_3658971.html

        1. ‘New numbers are in for Hawaii’s economy and they don’t look good. A new report shows key sectors of the state’s economy continue to suffer financially as the COVID-19 pandemic drags on. The latest Hawai’i Commercial Rent Survey finds over 85% of businesses said they saw revenue drop last year. Over 80% say they expect revenue to drop this year. Survey organizer Ryan Tanaka says that impacts businesses’ ability to pay rent.’

          “Five in ten businesses missed rent payments from April to December of last year. Last time it was only four. Now it’s five. We see the situation getting progressively worse,” Tanaka says.’

          ‘A total of 1,126 businesses statewide, representing more than 30,000 workers, participated in the survey, which presents data collected between December 1 and 31, 2020. He says the dim projections aren’t expected to change in the future. “Going forward we expect half the businesses to miss at least one full rent payment from January to June 2021,” he shares.’

          ‘Tanaka, who worked with state economist Eugene Tian of the State of Hawai‘i Department of Business, Economic Development and Tourism (DBEDT) to crunch the numbers, says four industries in particular are most at risk. “Restaurant, retail, entertainment, and wholesale trade. These businesses employ a third of our workforce; over 200,000 jobs. If half of them close, we could lose well over 100,000 jobs,” he spells out. “Two thirds of businesses- 65%- do not be able to expect to survive 2021 without government funded commercial rent relief,” he says.’

          https://www.kitv.com/story/43177256/commercial-rent-survey-finds-more-businesses-suffering-organizer-pushes-for-government-help

      2. That’s right Fauci gave millions to develop this disease and sat by as it destroyed our economy. Get a rope.

        Sounds like FauXi is just another arsonist employed as a firefighter, like the FED. I’m not sure how much more crooked things can get. This is beyond corruption, this is inhumane and diabolical.

        1. ‘Several researchers at the Wuhan Institute of Virology fell ill with symptoms similar to those caused by the CCP virus in the Autumn of 2019’

          So it did come from a CCP lab, and all that crap months later about a fish market was a lie. This is a biological weapon. And the CCP has committed mass murder.

          2. So it did come from a CCP lab, and all that crap months later about a fish market was a lie.

            You mean I cut out bats and pangolins from my diet for no good reason?

          3. Report says cellphone data suggests October [2019] shutdown at Wuhan lab, but experts are skeptical

            WASHINGTON [May 8, 2020] — A private analysis of cellphone location data purports to show that a high-security Wuhan laboratory studying coronaviruses shut down in October, three sources briefed on the matter told NBC News. …

            The report — obtained by the London-based NBC News Verification Unit — says there was no cellphone activity in a high-security portion of the Wuhan Institute of Virology from Oct. 7 through Oct. 24, 2019, and that there may have been a “hazardous event” sometime between Oct. 6 and Oct. 11.”

            https://www.nbcnews.com/politics/national-security/report-says-cellphone-data-suggests-october-shutdown-wuhan-lab-experts-n1202716

        2. and diabolical

          I’m sure many will roll their eyes at such a suggestion, but given that so far nothing appears to stop them, it makes me wonder if mere mortals could pull this off.

          1. Me on February 2, 2020: “I know what I’m about to say is controversial: 2019-nCoV appears to be man-made and at best escaped or at worst was released into the nearby population.”

        3. “ Sounds like FauXi is just another arsonist employed as a firefighter”

          He is the devil! F him and F all his “influence” he has. He has ties to Moderna and im sure many other beneficial “investments” ( gl finding them as they have been “scrubed” from the interweb). This is a man-made flu with an agenda for mass control.

  4. ‘Some landlords are increasing offers of rent-free periods from 12 months to 18 months, relying on cash reserves from the pre-pandemic boom’

    Burn that furniture.

    ‘Rents in a central business typically take two to three years before a downturn starts knocking them down’

    18 months of free rent is down Tucker.

  5. ‘The decline eclipsed the rent drop that occurred in Portland during the Great Recession in 2009, according to Costar

    It’s already worse than last decade, for those who keep bringing it up. Costar said “shortage!” all the way up to getting into the distressed market BTW.

    https://www.costar.com/article/428119978/san-francisco-apartment-landlords-have-slashed-rents-to-levels-unseen-in-years

    “An increase in construction prior to the pandemic also meant that new units came on the market at a time when demand was decreasing. Costar estimates that 15% of downtown Portland apartments are currently vacant’

    How do those 5% cap rates look now?

    1. ‘Boston also counts its largest sublease market ever at 3.3M SF, topping the 2.8M SF of sublease space following the early 2000s tech bust and the 1.5M SF following the Great Financial Crisis’

      All over the country, if not the world, at exactly the same time. These central banks let this happen. And now they help it collapse. Remember the WSJ article saying CRE had been refi’ing like crazy and that bonds were up to 40% overvalued?

      Someone said recently “oh now they’ll say the CCP virus is gone!” That misses the objective IMO. These people are communists. They want to destroy capitalism and the US. Where are the courts enforcing contracts and property rights? I don’t see it. Where are courts saying the guvnahs can’t put us all under house arrest?

      ‘But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.’

      Everything the guberment does is violence.

      1. Chicago CCP Mayor Beetlejuice just announced that businesses need to re-open. Beetlejuice will be talking with the Fat Man, Pritzker to move this along. Hmmm….. the timing of things.

  6. ‘Including listed and shadow inventory, Manhattan sponsors have 7,600 newly developed condos on their hands’

    A recent post had a REIC guy saying it was 20,000. But who’s splitting hairs?

    1. This whole post is just a wasteland of economic devastation.

      All for a disease with a 99.98% survival rate…

      1. Citizen! Did a Comrade of Proven Worth (D) give you permission to come out from under your bed for another reason but to run in circles flapping your arms and screaming like a banshee? No? I bet you’re not wearing a face hanky, either…we shall have to add this to your already voluminous dossier as we recalculate your already abysmal social credit score.

        1. Do people in the Springs drive around wearing masks while alone? Or is that just a Denver thing?

          Windows rolled up. Alone. Wearing a mask.

          This is the most nauseating virtue signal I’ve seen in the (now never-ending) scamdemic. I don’t even want to be on the same planet with these people.

          1. I see drivers alone in Salt Lake County wearing masks.

            The other day I was on a hike and a woman with children went off as far as they could to the side as I passed, giving me a death stare. Yes, I was being crazy and spreading death by hiking outdoors on a sunny day without a mask. I should’ve stayed indoors and ordered take-out to be safe. I could’ve killed those children because I didn’t have cotton over my mouth!

          3. here in Sacramento Metro area there are easily hundreds, maybe thousands, of solo drivers of all ages, ethnicity & persuasion driving solo with masks. quite a few gray-haired seniors but a lot of other people.

            the oft-used term “pearl clutchers” comes to mind

          4. thousands, of solo drivers of all ages, ethnicity & persuasion driving solo with masks Maybe they are just running a taxi service for trunkloads of illegal immigrants, all with COVID-19.

  7. What were once the hottest real state areas of the planet.

    “The seven hotels are located in Times Square, Chelsea, Herald Square and the Financial District.”

  8. Well, that’s might white of them.

    The “pandemic” will never end until government workers feel the same pain as small businesses.

    “Miami-Dade County’s Office of the Property Appraiser announced on Thursday that it will consider landlords’ financial losses when assessing 2021 fair market values. “

  9. Biden: Hold my beer.

    “‘But right now it’s just like: What else can God and the world and government come up with to make the place less livable?’”

    1. But, the vipers were successful in stopping the election steal talk and diverting to how horrible Trump and his Voters are. The Capital surge was done at the exact time they were to discuss election steal.
      Biden facts censored with Media in lockstep chanting “Russian Disinformation”
      It’s all timed perfectly , as the Lockdowns were to pull off many objectives.
      As some have posted it looks like they will reverse Lockdowns quicky, but look at how much money they took by the relief bills from the tax coffers.
      Now they have overwhelming power to bring on their treasonous agenda.
      Impeachment show trials , not based on any valid investigations.
      Total attempt to stomp out more than half the Country with their bizarre fake narratives that are insulting and designed to justify their Globalist/Commie take over.
      It’s all so obvious now that the Swamp in Washington DC are treasonous fake gov. not representing the People.
      Come on, camps for political rivals. Is this America or is it Nazi Germany under Hilter.
      Gates, Schwab and Soros talk as nutty as Hilter, Stalin and Mao , as they look at World Maps planning the destiny of World populations.
      Government for the Globalist, Commies, and Foreign invaders. ?
      Who is going to correct the voting machines now? They will come come down on remaining Patriots in office. This really sucks.

      1. Who is going to correct the voting machines now?

        When you look around the table and wonder who is going to help you, it is you.

  10. “Including listed and shadow inventory, Manhattan sponsors have 7,600 newly developed condos on their hands.

    Shadow inventory…but didn’t the REIC shills assure us that was just a “conspiracy theory”? Gosh, makes me wonder what other “conspiracy theories” might be conspiracy facts.

  12. Entirely democrat marxist created.

    “A shitstorm is the only word I can think of to describe it,’ Weaver said.”

  13. The “Open Borders” agenda is a crazy idea of how to dismantle the USA as a sovereign State. Flood the Borders with a army of welfare loyalist to the new regime. This is really a attempt to invade US Citizens with low wage and criminal element. You can see how much they can care less about law and order if the attack is on innocents law abiding Citizens.
    They are targeting over half the Country, which is obvious now. it’s take down who would be the resistance to the American Government altered to their Commie Top Down Control.

    1. “Flood the Borders with a army of welfare loyalist to the new regime.”

      The Cloward-Piven Strategy: Orchestrating A Crisis So Government Can “Solve” It

      Posted on July 6, 2018

      The end goal of the Cloward-Piven strategy is the creation of a political crisis leading to a guaranteed annual income.[1] Essentially, the Cloward-Piven strategy would lead to the complete control of citizens through Socialism/Communism.

      Their “strategy” to implement political crisis to achieve a guaranteed annual income was published in the May 2, 1966 of The Nation, a leading liberal political and cultural magazine. In this publication, their main goal to achieve the crisis was to have “a massive drive to recruit the poor onto the welfare rolls.” A federal program to administer these large welfare programs would be needed. This is because if it is administered locally, there would be lower enrollment because “the poor are most visible and proximate in the local community; antagonism toward them has always, therefore, been more intense locally than at the federal level.”

      This means that if there was more oversight at the local level it would not allow the welfare rolls to increase to the levels needed to cause a financial crisis. Therefore, their solution was to move programs to Washington D.C. where people are not as aware of the costs and oversight of the programs.

      “The strategy also rejected that a person could overcome poverty through any “institution of private enterprise”, signaling that hard work, education, and personal responsibility are not a solution to poverty. Their only solution is a “federal program of income redistribution” to “elevate the poor en- masse from poverty.”

      The four steps of the Cloward-Piven Strategy:

      Overload and Break the Welfare System
      Have Chaos Ensue
      Take Control in the Chaos
      Implement Socialism and Communism through Government Force

      As Milton Friedman famously said, “there is nothing so permanent as a temporary government program.” This is because government sets out to “fix” a problem with a new program. However, that program never seems to go away. Does this mean government never fixes a problem, or that government will never shrink unless forced to do so by receiving less money?

      https://conduitforaction.org/the-cloward-piven-strategy-orchestrating-a-crisis-so-government-can-solve-it/

  14. Something I was thinking about lately is all of this pork in these stimulus packages – tens of billions of taxpayer dollars pissed away to other countries for things like “gender studies in Pakistan.”

    Trump heroically stood up and pointed this stimulus package rot out, embarrassing Congress once again, yet even with their scams under a magnifying glass it passed – with the pork intact! What an insult to Americans.

    If we had an unbiased, investigative media they would follow the money. Somebody would be able to figure out how and why this pork suddenly slid in. There is a money trail. Some corrupt Congresscritter is paying somebody back who wants money for gender studies in Pakistan, it’s just that they remain hidden.

    Not only do we need election reform so that they cannot be rigged anymore, we also need campaign finance reform. Special interests are buying our politicians. They don’t work for us, they work for the people who paid for their campaigns. The attorneys of those special interests write all of the legislation. It was laid bare for all to see.

    1. Yep. I thought they would try to kill Trump, but they decided to do a fake discrediting of Trump and his followers instead . Russian Hoax, fake Impeachment Show Trials, false flags, 24/7 fake news attack on Trump and his supporters. Non stop fake racism attack designed to attack America and USA Citizen , especially the white race. All so obvious, all so deranged and false.

  15. I am convinced we are on a fast track to Feudalism. The system has tilted way too far favoring the billionaire globalists, and with this latest kneecapping of small business things are looking extremely dire. Something must be done soon.

    What we have now is not free-market capitalism, it is a crony capitalist system with monopolies popping up everywhere, and billionaires controlling the narrative and our government. It’s been hijacked. The “insurrection” they try to talk about was actually an inside coup by commies like Jeff Bezos, Jack Dorsey, Bill Gates, Mark Zuckerberg, etc. These people are fantastically wealthy. They have gamed the system and now are in control of our government through illegal means.

    I am trying to figure out a path forward, how to fight back. I do not accept what they are installing January 20th. I will never accept it. When they refused to allow the machines to be looked at, they were GUILTY AS CHARGED.

    1. I’m trying to figure how this can be combated also. They are taking all means of defense or offense to this takeover.
      They almost seem to be trying to create a Civil War. Violence is actually their weapon, as evidenced by the Commie Rioters for months they supported.
      Somebody well versed in Hilter/Stalin and Mao type tactics is a high up in this takeover IMHO.

    2. “figure out a path forward”

      Self-employment?

      I’m still working for another licensed master electrician now but haven’t ruled out going out on my own in a few years.

    1. It’s pretty clear that Biden is a Manchurian candidate. The question is, will the military stand by and let him become commander in chief?

      1. It looks like high ups in Military are in on this.
        Biden is a false Commander in Chief because they rigged the election.
        I’m sorry but if Biden is sworn in he has the full force of the Military.
        Got to be a way to combat this without falling into their traps.

        1. high ups in Military are in on this

          They would show solidarity even if he was already embalmed to avoid the perception of a power vacuum.

    2. “Soldier’s Message to Trump Supporters”

      Been out and around quite a bit the last couple of weeks and I have spoken to quite a few people here in this part of Region IV about their views and people they know around the country. After speaking with them my message to Pelosi, Coma-la, Slumer, AOC (Sandy from Westchester) Biden, Big Tech and the rest of the Trump haters would be this…

      Trump supporters are everywhere, we are all around you and we are pissed.

      Not one threatened violence mind you, but they know an election has been stolen, they know the MSM lies and they are watching and waiting to see what happens next.

      1. “saying they also followed a ‘powerful leader’ -”

        If by powerful leader he means paid Antifa protester then he is correct.

        1. Patriots Stop ANTIFA (In Disguise) From Breaking Windows At DC Capitol

          https://cantcensortruth.com/watch?id=5ff8dabb0429ec3746005f52

          Andy Ngô
          @MrAndyNgo
          ·
          Jan 7
          One of the men who was part of the siege of the Capitol building is John Earle Sullivan, an extreme BLM activist from Utah. He was arrested & charged in July 2020 over a BLM-antifa riot where drivers in Provo were threatened & one was shot. https://deseret.com/utah/2020/7/10/21320220/organizer-of-provo-protest-arrested-accused-of-rioting-making-threats

          https://twitter.com/MrAndyNgo/status/1347318930138918930

          Undeniable Proof Antifa Infiltrated US Capitol, Initiated Siege
          by Kelen McBreen
          January 8th 2021, 2:16 pm

          Utah’s Deseret News reported the BLM ‘journalist’ John Sullivan “claims he entered Capitol during rally only to document event, but his own video shows him encouraging others as they rioted.”

          Showing leftists may have planned the storming via secret online chats, Sullivan admitted of having foreknowledge of the raid.

          “As far as them storming the Capitol, I knew that was going to happen,” the activist said. “I’m on chats that are underground that are sending out flyers that are just like, ‘Storm all Capitols on the 6th.’ It wasn’t anything that was secret. It was something that was out there … and they did it.”

          Another key point mainstream media will never cover is the fact that multiple videos show Trump supporters actively calling out “Antifa” as people fought with police and broke windows.

        1. QOTD: “This is what our intersections look like now. If you need all this to protect your inauguration from the people, maybe the f***ing people didn’t f***ing elect you!”

      2. Former WH Press Secretary Sean Spicer: “They are Stopping Every Car Trying to Leave the City”

        https://www.bitchute.com/video/FnjdLADEfYgY/

        Hangman, hangman, hold it a little while
        Think I see my friends coming
        Riding a many mile
        Friends did you get some silver?
        Did you get a little gold?
        What did you bring me my dear friends
        To keep me from the gallows pole?
        What did you bring me to keep me from the gallows pole?

    1. Washington DC was just one big illusion of two Parties.The fluke of Trump getting in as a outsider revealed just what was a already overtaken and corrupted Government.
      10 trillion in fraudulent lenders bailouts in 2009 and Commie Obamacare was evidence of takeover 10 years ago.
      Nothing that Government did was to the benefit of US Citizens for about 30 years now.
      So US Citizens trying to actually take back America from the clutches of this takeover brought on them revealing themselves and what crimes they are willing to do to take total power.
      Taking the Media with this censorship is obvious so one narrative is broadcasted. First Amendment gone in a blink of a eye, with a overtaken Gov. not doing anything about it.
      Lockdowns not following the Science used as a weapon against Citizens , blaming Trump for a air borne virus that God knows who unleashed it, if at all.
      They are just going to talk and talk and talk, but nothing is ever done. No Durham Report, no investigations of the Biden rats,
      Ever notice how Washington DC never does anything but fake investigations while real crimes are ignored.
      No doubt Trump was a threat to the already overtaken piece of s–t Government in DC .
      If the Government is against America than what do you do?

  19. Mamaroneck, NY Housing Prices Crater 21% YOY As Prices And Rental Rates Tank In NYC Suburbs

    https://www.movoto.com/mamaroneck-ny/market-trends/

    As one noted economist stated so eloquently; “Nothing accelerates the economy and creates jobs like falling prices to dramatically lower and more affordable levels.. . Nothing.”

    God Bless President Donald J. Trump and God Bless America!

  20. Fleeing New Yorkers squeeze surrounding housing markets

    By SUSAN HAIGH
    today

    Angel Garcia, a single father approved for a mortgage loan of $300,000, had high hopes in early 2020 of finding a house he could afford in his hometown of Stamford, Connecticut.

    Then the COVID-19 pandemic hit. Within months, New Yorkers began fleeing the city and the surrounding area, snapping up houses. Home prices that already had been out of reach for many jumped higher. Garcia, who oversees security at Stamford’s government building, ended the year still living with his 3-year-old daughter in a Stamford rental.

    “It’s so hard with all the competition out here and the prices, as they are now. They were already expensive,” said Garcia, who has a second job as a security guard.

    An influx of people relocating to the state and in particular Fairfield County, on the New York state line, has been celebrated by many including Gov. Ned Lamont, who said in his State of the State address last week that it showed a desire for more spacious living arrangements and an appreciation of “Connecticut values.”

    But it also has made it more difficult for many to find affordable housing in an area that rates among the country’s most unequal places in terms of income levels.

    https://apnews.com/article/business-connecticut-ned-lamont-coronavirus-pandemic-stamford-beb8b83b76914a0157fdd34b10c9813e

    1. I like the way the real journalist says New Yorkers were fleeing because of the COVID-19 pandemic and doesn’t mention anything about people being assaulted and police not responding due to defunding and being tarred as racist for doing their job.

      1. Or the fact they were fleeing and living with relatives in the suburbs.

        Nothing like having your suburban and rural dominion penetrated by communists.

        BTW…. ammo supply is tight in the northeast and new england.

          1. That’s odd you say that. A coworker from PA texted me last week saying “I’ve been looking for 22lr but impossible to find here.”

            I wonder why. Easy to carry, effective.

        2. “BTW…. ammo supply is tight in the northeast and new england.”.

          Where it can be purchased the prices are nuts.

          Bass Pro Shop 20 rounds JHP $19.99 not available

          Cheaper Than Dirt! website 20 rounds JHP $49.89 In Stock

          Cheaper Than Dirt! website

          Winchester Silvertip 9mm Luger Ammunition 20 Rounds
          JHP 115 Grains W9MMST
          QTY1
          Availability:
          In Stock
          Our Low Price $49.89

          https://www.cheaperthandirt.com/winchester-silvertip-9mm-luger-ammunition-20-rounds-jhp-115-grains-w9mmst/FC-020892227736.html

          Bass Pro Shop

          Winchester Silvertip Handgun Ammo
          This product is currently not available online.

          $19.99

          https://www.basspro.com/shop/en/winchester-silvertip-handgun-ammo

  21. So, we US Citizens are here to be taxed, looted, underpaid, attacked and called names like racist all the time, or deplorable. We are here to train foreigners hired to replace us.
    And Monopolies will fire you if you don’t say that 2+2 is 5. You will be cancelled .
    I can see how a ton of America’s cant believe that such a takeover is possible.
    I just wonder if the left doesn’t have some sense that something is wrong and their own freedoms are at stake.
    I’m thinking that the US Citizens on board with this Commie takeover might be less than 30 percent , and that’s why they had to steal the election. I think people are more conned by the medical scam than anything. But who knows because it’s the fake news that tells you what Citizens are thinking. Look how nobody showed up for Biden or Harris rallys.

    1. “I’m thinking that the US Citizens on board with this Commie takeover might be less than 30 percent”

      That is what I believe, it could be 35 percent because they control all of the mainstream and social media which allows for a fair amount of brainwashing.

      But to your point, I saw a story I believe this week about a Leftist in Cali bitc#ing about not seeing any police and wondering why his taxes were so high.

      1. But to your point, I saw a story I believe this week about a Leftist in Cali bitc#ing about not seeing any police and wondering why his taxes were so high.

        They really believe that “leaders” like Newsom, Lightfoot or Cuomo will usher in a utopia. When they learn that winners and losers have been chosen, and they fell into the loser camp despite their complete loyalty, they will refuse to see what is happening.

        I’ve met my share of leftists who have been financially destroyed by the lockdowns who are still true believers and who won’t become indignant when we are told in a few weeks that masks and lockdowns don’t help so we can just go back to normal.

  23. More Democrat Voters on the way!

    Watching the video of the valedictorians crashing through I couldn’t help but think if Trump supporters did that in DC this week they would be mowed down.

    Migrant Caravan in Guatemala Pushes Through Border from Honduras — Heading to U.S.A.

    By Breitbart Sunday, January 17, 2021

    Guatemala’s immigration spokesman Alejandra Mena told Reuters that there were approximately 6,500 Honduran migrants on the move. Thousands crossed the country’s southern border on Saturday with an ultimate announced destination of the United States.

    Mena told the news outlet that as many as 3,500 have already pushed through their border into Guatemala. A Honduran police officer said he observed “more or less 5,000 people” walk past his checkpoint.

    A video tweeted by Festivales Solidarios shows thousands pushing past Guatemalan police and soldiers.

    https://www.newswars.com/migrant-caravan-in-guatemala-pushes-through-border-from-honduras-heading-to-u-s-a/

    1. From what I have read, Mexico is fed up with the caravans, because they get stuck with them, so Mexico has been quietly detaining them once they enter Mexico and has been sending them back.

      1. “From what I have read, Mexico is fed up with the caravans,”

        From what I have read, Mexico is becoming more like the United States than the United States.

        1. From what I have read, Mexico is becoming more like the United States than the United States.

          And they have a leftist president, though I believe that there was no ballot box stuffing in his case.

  24. A couple of years ago while reading the obituary of the school nurse at my high school, who also rented a second floor apartment in a 2 family house one of my friend’s father owned, I was stunned to learn she was also a nurse in the army in 1944 and was on Omaha Beach on D-Day and she was with the army all the way to Germany in 1945.

    She never mentioned it.

    I went through school with this ladies youngest son, never knew about the WWII story she had either.

    Inge Thalheim
    1930 – 2020

    https://www.legacy.com/obituaries/greenwichtime/obituary.aspx?n=inge-thalheim&pid=197519811

    1. nurse in the army in 1944 and was on Omaha Beach on D-Day

      At age 14? The obit says she was a school girl in Germany during the war. Maybe two stories got crossed?

      1. “Maybe two stories got crossed?”

        I will chalk it up to my writing skills. I thought this would make it clear that one was a school nurse and the other was the Mom of a kid I went through school with.

        “I went through school with this ladies youngest son, never knew about the WWII story she had either.”

        The school nurse passed away a number of years ago, the other I saw in my hometown paper site this morning.

    2. For a few days in the 1970s I had an ex-nurse who served at the Anzio beachwood, under fire, taking care of the US wounded. She lost her mind under that stress and was discharged Section 8. 40 years later she was still unbelievably bitter. Can’t verify anything she told me, but her behavior when I knew her matched her stated story.

      2. Anzio sounds familiar, I think I may have worn a unit citation ribbon for that while at the 101st. (goes off to Google)

        Google says it was a WWII battle in Italy with the 82nd AND a Vietnam battle for the 101st at a firebase named after the WWII battle. Sounds like a cursed name. But then again almost anything the 101st touches ends up in that category.

        So why was she more bitter than most? I have a bit of PTSD when it comes to bitter women AND the army, but a morbid curiosity nonetheless.

        1. So why was she more bitter than most? She lost her commission, her ability to ever work again as a nurse, and no veteran’s benefits, for starters, I think.

  25. I guess the 300 or so people who entered the Capitol for the “riot” out of 600,000 to 800,000 Trump supporters who were there for the Stop the Steal rally worked.

    Kamala Harris Set to Resign Senate Seat — Report

    by Sputnik
    January 17th 2021, 10:05 am

    California senator will step down Monday and won’t give a farewell speech before supposed inauguration, according to reports

      1. Does she have a bunker in New Zealand?

        I’m sure she’s been assured that she has a guaranteed spot at one now, if she just plays along.

    2. I’ve heard that the inauguration won’t be open to the public and won’t even be at the actual Capitol. Don’t know if this is true.

      The image of 25,000 troops and razor wire around the Capitol are disturbing. One unarmed protester was shot point blank through a broken window. The thug who broke the window wasn’t shot. None of the Capitol police were shot. One cop died of a blood clot in the brain sitting in the office. No fires, no art damaged. The sitting President cancelled. Our questions about the election are treasonous at worst, ignored at best.

      There was probably less wailing when the British burned the whole building to the ground in the War of 1812.

      2. There was probably less wailing when the British burned the whole building to the ground in the War of 1812.

        The rules for fighting external enemies seem to be different than the rules for fighting each other.

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